Blog | Miami Real Estate, Miami Foreclosures, Miami homes

Can a Miami Beach Luxury Condo Make you say WOW?

By Maycol Delgado | Published: January 27, 2009

Can a Miami Beach Luxury Condo Make you say WOW?

It is no secret Miami Beach Foreclosures are dominating the Miami Beach luxury Condo market. It is also no secret that Foreclosures are dominating the Miami Real Estate Market. In fact it is safe to say Foreclosures are dominating the Real Estate Market Nation Wide. To some Predicting the Real Estate Market Next big move its like Predicting a declining stock in Wall Street. But you don’t need to be Nostradamus or a fortune teller to know a WOW deal when you see one.

One week ago I was preparing a list of the Top 10 deals of Miami in this list I was gathering the most important information that leads to a WOW deal. Days on Market, Closed Comparables, Inventory statistics and most importantly condition. I also used my resources like my weekly Market Reports that depicts Market Action index, market trends and most important real estate patterns. By collecting the data it help me separate the good deals from the WOW ones.

No I didn’t use the stars or a crystal ball to predict the sale it was Real Time Data and market knowledge.

The Condo is located in 2000 Bay Dr unit 203 in Miami Beach. The Miami Beach Luxury Condo features 1,346 of living area and contains two bedrooms and two bathrooms overlooking the Beautiful Ocean. The Granite countertops and wood cabinetry gives a splendid feel of luxury. This Miami Beach Condo is unique in design with a great curb appeal and Modern day architecture design at its finest. The building was part of the Miami Beach luxury Condo Boom it was built in late 2005. The condition is great considering that most Miami Beach foreclosures are destroyed by former angry owners or tenants. It won’t take to much money to do any repairs after closing.

What makes this unit a “WOW” deal

1. Priced 100k less than the competitive inventory.
2. Days on Market ( 64 Days)
3. Last two closed sale 412,000 & 212,000
4. Under the median list price.
5. 80k price reduction.

I’m uncertain about future Great Deals but I insurer you I will continue analyzing and depicting the good deals from the “WOW” ones. The data can also help you and guide you to make your next buying decision and more informed one. Click here to read a current Report.

Now more than ever buyers are depending on statistics and Real Time data to come to a decision.

Ready to buy a Miami Beach Luxury Condo? Contact Global Market Realty today. We have several Miami Beach Condos for sale in , Search the MLS for foreclosures in Miami Beach . Do you want more information on a second home or a vacation home please contact us at 305 364 0037

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami Beach is a great place to live and is served by the Dade county School District.

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3 Reasons why to Buy!

By Maycol Delgado | Published: January 21, 2009

3 Reasons why to Buy!

Have you been thinking of buying a Home? But naysayers and skepticism have controlled your thoughts of the Current Real Estate Market. Are you afraid of buying a home today and going into foreclosure 3 years from now? Is the Media affecting your buying decision? These questions are common concerns of potential buyers in this market. After questions and answers I end with one of my favorite quotes in business. It was said by Warren Buffet an investor in Wall Street that has dedicated his career acquiring business such as American Express, Coca Cola and many others.

He said “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful”.

Warren Buffet.

It simply states do the opposite of what the majority are doing. In the time when the market was escalating it was the time to sale, in today’s market it’s the time to buy. We are seeing more investors and foreigners buying Miami Real Estate like never seen before. Read this article on a Bulk Purchase.

1. Historic Graph

Due to the market the Federal Reserve Bank have maintain interest rates low to encourage consumers to borrow. We are seeing interest declining hand in hand with home prices. This graph shows the historical Interest Rate for the past Decades. It is a clear indicator stating that interest rates are at its all time low’s.

2. Home values Declining

Real Estate Market Chart by Altos Research www.altosresearch.com

As you can see the inventory has increased and the median price has decrease. It is a simple law of Supply and Demand. IF you are a potential home buyer consider signing up for our weekly market reports. We strongly believe the more knowledgeable the buyer is the more confident he will become.

3. What’s the top and what’s the bottom.

In buying and selling stocks many traders determine their buying and selling position on Market trends. They use two types of graphs or techniques to purchase or sale a stock. It’s called fundamental analysis and technical analysis. These two separate tools can help a trader understand the history, present and future movement of the stock of any giving company. Real estate is not as volatile as stocks are but we can apply the same concept. As fundamental analysis we can use local Employment rates and job growth. For technical analysis we can use history home prices with current ones. To receive a copy to these two techniques click here. This report will provide you an optimistic look at the current real estate market regardless of what the media reports.

We are not in a state of caous but in a state of opportunity. Take advantage and sign up for our Market Reports. Take advantage of all of our resources to become a more knowledgeable buyer.

Ready to buy a Miami foreclosure Home? Contact Global Market Realty today. We have several Miami Foreclosures for sale in , Search the MLS for foreclosures in Miami . Do you want more information on a second home or a vacation home please contact us at 305 364 0037

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami is a great place to live and is served by the Dade county School District.

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Miami Foreclosures attracting High School Students!!

By Maycol Delgado | Published: January 16, 2009

Miami Foreclosures attracting High School Students!!

Miami Foreclosures have attracted media coverage, foreigner investors and now Teenagers. You have seen the media cover the Miami Real Estate market since the downturn began. The Foreig investors are moving towards the Miami Real Estate market as we speak. The teenagers or students invading a Foreclosure home is something you don’t know about. This happened to me Yesterday while I was doing a routine inspection of one of my Foreclosures. It happened like this.

As I’m getting ready to exit my car I reach out for my camera to take pictures of one of my Foreclosures. It is the primarily reason why I went. As I’m exiting the car I glance at the big window this foreclosure home has. The window is a 5 ft by 8ft window right next to the entry door. The window allows you to look thru the living room, beyond the kitchen and thru the french doors towards the pool. As I look thru the window I notice a human shadow as if someone was hiding. I quickly began to assess the situation and began to think of who was there and why. As I’m thinking I begin to walk and decide to go around the house as I get closer to the back area of the home just I suspected there was someone there. As he saw me he look freighted he looked as if he saw a ghost, turning pale white I thought maybe to ease the pressure I said relax I am not a police officer I’m just here to take pictures. As I continue walking and now entering the home I notice 3 more Students there was 3 girls and two boys. The students belong to a near high school and where cutting class. Since they weren’t using drugs or vandalizing the home I decided to leave them alone and take the pictures and leave. I quickly took the interior pictures and lefted the home. As I’m driving back to my office my good voice speaks some call it their consciences. It said maybe I should’ve notified the school. What if something happens to them while cutting school. Don’t their parents deserve to know where the kids are? My other voice said they look like good kids meaning no harm leave them alone you were young once. As the two voices in my head began to speak to each other they both had strong points. As I’m writing this I am not sure if I did the right thing or not. But i went back to the office to continue my daily tasks.

We know that Foreclosures have changed many things in our lives. Vacant homes and foreclosure are not just an epic center for vadalism, shelter for the homeless but also a place where teenagers go to cut class. This is more reason why you should be more envolved in your community. You never know it might have been your son or daughter who i caught cutting class. Help Real Estate agents secure and monitor the home in your neighborhood. This is a growing problem and it takes a community of dedicated and caring homeowners to help ease the foreclosure problem.

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami is a great place to live and is served by the Dade county School District.

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Real Estate Market Report for North Dade

By Maycol Delgado | Published: January 14, 2009

Real Estate Market Report for North Dade

Real Estate Market Report For Doral, Hialeah, Hialeah Gardens, Miami Lakes, Miami Springs, Opa Locka, North Miami, Surfside.

The Market Report depicts where the Real Estate market is in general and locally. If you would like a more detail report on each city please click here.

Doral

There are currently 256 Homes in Doral
Highest Price listing is 1,599,000 for home located at 5274 nw 94 pl
Lowest Price listing is 205,000 for home located at 8161 nw 107 ct
Theres 3 Pending Sales for the Month of Dec. and Jan. Highest Price listing 1,480,000 ( 6821 nw 113ct) in a subdivision called Doral Isles.
6 closed sales in the last 30 days. Selling price was 500,000 ( 5220 nw 104ct) it was 36 days in the market.

Hialeah

There are currently 446 homes in Hialeah
Highest Price listing is 630,000 for home located at 7635 W 8 ave
Lowest Price listing is 90,000 for home located 366 E 45 st
There 115 Pending Sales for the Month Dec and Jan. Highest price listing 540,000 ( 50 w 52 st )in Hialeah Fl.
15 closed sales in the last 30 days. Selling Price was 308,000 ( 7681 W 15 ct) it was 79 days in the market.

Hialeah Gardens.

There are currently 16 homes in Hialeah
Highest Price listing is 574,900 for home located at 10150 nw 133 st
Lowest Price listing is 159,000 for home located at 11325 nw 88 ave
There 5 Pending Sales for the Month Dec and Jan. Highest Price Listing 175,000 ( 8927 nw 112 te) in Hialeah Gardens.
The last closed sale record for Hialeah Gardens was for a home located in 12621 nw 99 ct it was 12 days in the Market.

Miami Lakes.

There are 114 homes for sale in Miami lakes
The highest priced home 7015 gleneagle dr 2,199,000
The lowest priced home 14425 nw 88 ave 210,000
There’s 22 pending sales the highest home 158 w Prestwick pl listed for 1,900,000
There’s 4 closed sales in the past 30 days the highest closed sale was for 16681 nw 82 ave the closed for 457,500 and it was 226 days in the market.

Miami springs

There are 91 homes for sale in Miami Springs
The highest priced home 1016 bass point rd 789,000
The lowest priced home 372 whithorn dr 178,900
There’s 16 pending sales the highest priced home 750 shadow wy listed for 489,000
There’s 2 closed sales in the past 30 days the highest closed sale was for 1175 ibis ave and it was 99 days in the market.

Opa locka

There are 68 homes for sale in Opa locka
The highest priced home 13380 nw 28 ave 400,000
The lowest priced home 14240 nw 22 pl 29,900
There’s 8 pending sales the highest priced home 81 Bahman ave 185,000
There’s 3 closed sales in the past 30 days the highest closed sale was a foreclosure home located at 13281 nw 29 ave and it closed for 74,500 it was 38 days in the market.

North Miami

There are 254 homes for sale in North Miami
The highest priced home 12505 keystone island 4,900,000
The lowest priced home 585 nw 142 st 50,000
There s 33 Pending sales in the past 30 days the highest listed home 1,275,000 1965 ne 117 rd
There’s 9 closed sales in the past 30 days the highest closed sale was for 985,000 for a home located at 1985 ne 118 rd.

Surfside

There are 74 active homes for sale in Surfside
The highest priced home is for 6,900,000 (9578 collins ave)
The lowest priced home is for 274,000 (9156 harding ave)
There’s 6 Pending Sales in the past 30 days the highest listed home 600,000 (9341 carlyle ave)
There’s 2 closed sales in the past 30 days the highest closed sale was for 385,000 ( 9141 froude ave)

Would you like a Market Report for a specific area? Contact Global Market Realty today. Search the MLS for foreclosures in Miami . Do you want more information on a second home or a vacation home please contact us at 305 364 0037

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami is a great place to live and is served by the Dade county School District.

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Real Estate Market Report for North Dade and Islands

By Maycol Delgado | Published: January 13, 2009

Real Estate Market Report for North Dade and Islands

Real Estate Market Report for Aventura, Bal harbor, Biscayne Park, Miami Shores, Key Biscayne

This is the First Market Report for North Dade municipalities and city. This Report depicts the Real Estate Market for the last month of Dec 2008. But it gives us a better understanding where the market is and where is going.

Aventura

There are currently 39 Homes in Aventura
Highest Price listing is 8,9000,000 for a home located at 19565 Ne 37 ave
Lowest Price Listing is for 275,000 for a home located at 3300 NE 192 st # 805
Theres 3 Pending Sales for the Month of Dec and Jan. Highest priced listing 1,599,000 and a subdivision called Aventura Estates.
1 closed sale in the last 30 days. Selling price was 535,000 for home located in 21005 NE 31 ave it was 77 Days on the Market.

Bal Harbor

There are currently 14 homes in Bal harbor
Highest Price listing is 15,650,000 for a home located at 244 bal bay dr
Lowest Price listing is for 1,400,000 for a home located at 158 Camden Dr
Theres 1 pending sale for the month of Dec and Jan. The home is offered at 2,999,000 (83 Bal Bay Dr)
The last recorded sale for Bal Harbor was in 8/11/08 and the home closed at 6,500,000 ( 224 bal bay dr)

Biscayne Park

There are currently 42 available homes in Biscayne Park
Highest Price listing is 699,000 for a home located at 11500 Griffing Bl
Lowest Price listing is for 180,000 for a home located at 11320 ne 10 ave
Theres 3 pending sale for the month of Dec and Jan. Highest priced listing 184,900 on a subdivision called Griffings Biscayen Park.
The last sales in Biscayne Park goes 60 days back. The Home is located at 725 ne 114 st and it closed date 11/14/08.

Miami Shores

There are currently 159 available homes in Miami Shores
Highest Price Listing 3,500,000 for a located at 1680 ne 104 st
Lowest Price listing if for 74,500 for a located at 186 ne 108st
There 19 Pending sale for the month of Dec and Jan Highest Priced listing 699,000 on a subdivision Miami Shores Sec 4.
There are 7 closed sales in Miami Shores the highest 815,000 ( 290 Grand Conc) the lowest priced 226,000 ( 338 nw 111 te)

Key Biscayne

There are currently 132 available homes in Key Biscayne
Highest Price Listing 19,900,000 for a located at 1 harbor point
Lowest Price listing for 990,000 for a located at 137 buttonwood dr
There are 2 Pending Sale for the month of Dec and Jan Highest Priced listing 997,900 on a subdivision called Holiday Colony.
There are 4 closed sales in Key Biscayne in the last 60 days. The highest Priced listing 2,700,000 ( 670 Warren Lane). The lowest Priced listing 794,500 ( 250 cranwood dr)

Miami Beach

There are currently 450 available homes in Miami Beach

Highest Price listing is 25,000,000 for located at 88 la Gorce Dr
Lowest Price listing for 227,900 for located at (815 83 st)
There are 24 Pending sales for the month of Dec and Jan. Highest Priced listing is 14,400,000 ( 4949 Pinetree dr. The lowest Priced listing 239,000 for a home located at 161 Biarritz Dr
There are 5 Closed sales in the last 30 days. The highest closed sale 3,700,000 ( 324 w san marino dr)
The lowest closed sale 350,000 ( 1030 w 47 st) it was 51 days on the market.

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami is a great place to live and is served by the Dade county School District.

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Real Estate Market Report for South Dade

By Maycol Delgado | Published: January 8, 2009

Real Estate Market Report for South Dade.

Real Estate Market Report For Brickell, Coral Gables, Cutler Ridge, Kendall, Miami, South Miami, Sweetwater, Village Pinecrest.

This is the first market Report for 2009 please be advice this report depicts the Real Estate Market for the last month of 2008. The numbers may be different because as you know it was holiday season and the Real Estate Market is typically a slightly more silent than normal within the last months of the Year.

Brickell Condos

There are currently 554 Condos in Brickell
Highest Price listing is 4,900,000 located in the building called the Four Seasons
Lowest Priced Listing is for 95,000 located in The Club at Brickell Bay
Pending Sales 62 condos Highest priced listing 899,000 in the Jade Residences
Closed Sales in Dec 2008 15 condos ( Highest priced 910,000 in the Jade)

AS we know today Brickell is black listed from most of the financial institutions. Most of the buyers came in with a very high down payment or a completely cash transaction. The Month of Dec showed 15 new close sales in the Brickell area. The big question we should asked ourselves who are purchasing and why? IF you want to search for Condos in Brickell note that Brickell is not its own city it is part of Miami. But to narrow your search you can include this zip code 33131.

Coral Gables Homes

There are currently 550 homes in Coral Gables
Highest Price listing is 24,500,000 ( 620 Arvida Pw)
Lowest Priced Listing is 150,000 ( 1993 red rd)
Pending Sales 53 homes highest priced listing is 7,000,000
18 Closed Sales in the month of Dec. The highest priced 2,700,000 7370 vistalmar st.

Cutler Ridge Homes

There are currently 49 homes in Cutler Ridge
Highest Price listing is 389,000 ( 18610 sw 97 ct )
Lowest Priced listing is 76,900 ( 9971 sw 198st)
Pending Sales 6 highest priced listing is 290,000
5 closed sales in the month of Dec. The highest priced 250,000 19710 Bel aired r

Kendall Homes

There are currently 23 Homes in Kendall
Highest Price listing is 2,949,000 ( 11750 sw 88 ave)
Lowest Priced listing is 399,000 9411 sw 112 st
Pending Sales 1 highest Priced listing is 11355 sw 95 ave
There weren’t any closed sale in the month of Dec in Kendall.

Miami

There are currently 604 lisitngs in Miami
Highest Price listing is 9,500,000 ( 1910 s bayshore ln
Lowest Price listing is 74,900 ( 2340 nw 105 ter)
104 Pending Sales highest price listing 5,500,000 ( 4790 sw 78 st )
11 closed sales in the month of Dec. The highest Priced 1,799,000 ( 3821 El Prado Bl)

South Miami

There are currently 99 listings in South Miami
Highest Price listing is 2,500,000 ( 6700 sw 67 street)
Lowest Priced listing is 69,000 ( 6461 sw 59 ct)
10 pending sales highest price listing is 1,349,000 ( 6250 sw 79 st )

5 Closed Sales in the month of Dec the highest closed sale was for 1,200,000 the lowest closed sale was for 164,000 for home 4024 sw 61 ave

Sweetwater

There are currently 34 listings in Sweetwater
Highest Priced home is 436,800 ( 11609 sw 7 te)
Lowest Priced home is 60,000 ( 11028 nw 5 st)
1 pending sale offered at 199,000 ( 11248 sw 6 st)
1 closed sale in the month of Dec the home closed for 198,000 ( 521 sw 114ct)

Village of Pinecrest

There are currently 267 listings in Pinecrest
Highest Priced home is for 6,999,000 ( 6500 sw 98 st)
Lowest Priced home is 290,900 ( 12900 sw 82 av)
31 pending sale offered at 3,350,000 ( 9681 sw 60 ct)
8 closed sale in the of Dec the home closed for 3,100,000 ( 9510 sw 63 ct)

This Market report Is only for single family home with the exception of Brickell. IF you would like to know the Market Report for condos in any area please email us or contact us. The market report depicts what the condition and trend is of our Real Estate Market.

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami is a great place to live and is served by the Dade county School District.

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Going Back to the Basics

By Maycol Delgado | Published: January 7, 2009

Back to the Basics.

Have you ever gotten so good at something work or a hobby that you tend to over look the fundamentals or the basics? Everything we do from the workout routines to the way we cook it has its core fundamentals. If you ever watched Tiger Woods play golf the chances are you get memorized of the way he swigs the club and how he’s able to make almost every impossible shot. But what most won’t notice is the technique. The way he stands to the way his body rotates after the shoot, its fundamentals at its best. To master the technique takes relentless amount of practice and dedication. To achieve this type of success a golfer must of the core fundamentals.

This weekend I was impress in how I have managed to get an extra 25 phone calls of potential Buyers by going back to the fundamentals. Even an ad in the Diaros de la Americas didn’t generate this amount of calls. I was pushed to the idea by my own client in which she asked for me to go the extra mile. From Saturday to Monday 125 flyers and newsletters was distributed in Miami Lakes within a mile radius of my client’s house. The flyers were posted in Publix, CVS, shopping centers and Banks anywhere and everywhere I could think of. The flyers were eye catching with colors and Big font letters. They created a little frenzy and it arouses curiosity. At the bottom of the flyers my name and contact information was being rip one by one as potential buyers called.

Even though I am a strong believer of online marketing this weekend I went back to the basics. We know today that the internet is a great resource and is being used more often to look for what we want. Whether is shopping for goods or finding a new home. NAR statics states 80 percent of home buyers begin their search on line. But this weekend I realize how important are the 20% of potential Buyers that are not a custom to internet searches.

Going back to the fundamentals was an important lesson for me. Whatever you want to accomplish this week, month or year, remember the fundamentals keep it simple and stick to the basics. Don’t get to caught up on a new way of doing things go back and find the fundamentals. IF its buying a home focus on what’s important to you nothing else matters. If you are selling look to market your home in community bulletins and neighborhood shopping center. Or of course you can also call me I will provide you that service.

Looking for a home in Miami ? Dont hesitate call us today!

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Foreclosure homes and short sales are dominating our Real Estate Market.

By Maycol Delgado | Published: December 18, 2008

If you are a buyer in today’s Real Estate market you will notice Short sales and foreclosures homes are dominating the Real estate market. 1 out of 15 homes are either foreclosures or short sales. Short sales have changed the way we present and sale homes today. In a traditional Real estate Sale Home owners would hire a Real Estate agent to sale their home. The agent would enter into fiduciary relationship acting in his best interest.

In today’s Real Estate market this still holds true but now a real estate agent and homeowner must receive the final approval from the lender.. The bank can either say nay or yea. In most cases when short sales take form and serious negotiations take place most loss mitigators often ask critical questions such as.

1. Is this the highest and best offer
2. How long has the home been In the market
3. Can you cut commissions and expenses

Most banks one way or another want the answers to these questions. Remember we are representing the seller not the bank.

My answers would be….

1. Yes this is the highest and only offer that I will present to you any more offers that I receive it will not be presented because it means more work.

2. The home has been in the market long enough to have just one single offer.

3. Can I cut commissions of course I can in fact do not pay my commission up front. What we can do is you can give me a promissory note to pay all commission with interest at a rate of 20% for a term of 12 months.

Short sales take time and demand a lot of patience. Many times the answers to these questions can be the outcome between closing or not.

If you are a investor or a first time Ii homebuyer be advice that short sales can take at least 45 days. And more often than not it demands an experience Real Estate agent with good negotiating skills. Oh by the way most loss mitigators laugh after my commission proposal hey at least I get them to laugh before real negotiations take place. Humor is a great way to break the ice.

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami is a great place to live and is served by the Dade county School District.

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The End of Miami’s Condo Boom..

By Maycol Delgado | Published: December 16, 2008

The End of Miami’s Condo Boom..

It was early 2005 when I began hearing a big buzz about another development in Miami. The new building was to be called Altos de Miami. This building was projected to help transform little Havana. Its architecture and building amenities was nothing like it in the area. The building offered state of the art amenities pool, club house, gym and a lobby that represent lifestyle and luxury. In early 2007 the building quickly began to gain popularity and units began to sale. But as they say time is of the essence and timing is the next best thing. The building was completed at the end of the peak of the condo boom. Many investors and repeat buyers had already bought at other developments that were finished before Altos de Miami. The Condo market slowly began to shift as the condo market was saturated with inventory. The end of the overpriced real estate market was near. Foreclosures slowly began to rise and the subprime loans weren’t selling in the secondary market. The dawn of a new real estate market began to unfold. Little did we know that the new real estate market was going to affect the whole world. The collapse of the mortgage industry lead to many of our major lenders downfall and wrote American history once again. The future of the condo market is different than what the developers of Altos de Miami expected to be.

An Article on Altos De Miami.

“A foreclosure sale has been scheduled for Feb. 13 to auction off 56 units in the Altos de Miami condominium in Miami’s Little Havana neighborhood.

New York-based Lehman Brothers Holdings was awarded $12.5 million and Glen Royal Parkway Acquisition – which acquired a mortgage from New York-based iStar FM Loans – was awarded $6.5 million in the Nov. 13 judgment in Miami-Dade County Circuit Court.”

We know today not only were investors and first time home buyers affected but major developers and development as well.

Want to look for great condo foreclosures sign up to be a VIP.

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Real Estate Market Reports for Doral, Hialeah, Hialeah Gardens, Miami Springs, Miami Lakes, Miami Shores.

By Maycol Delgado | Published: December 11, 2008

Real Estate Market Reports for Doral, Hialeah, Hialeah Gardens, Miami Springs, Miami Lakes, Miami Shores.

The sole purpose of the Miami Real Estate Market report is to provide you the buyer or seller information of the area of your interest. With information of highest price listings, lowest priced listing, Days on market and closed sale can assist you with making the right decisions. Statistics shows us that the best inform seller or buyer make the best decision.

City of Doral

There are currently 319 single family homes in Doral.
Highest Price listing is 1,650,000 ( 9415 NW 54 Ln) Luxury home
Lowest Priced Listing is 205,000 ( 8161 NW 107 ct)
Pending Sales 29 Homes Highest Priced Listing 1,480,000
Closed Sales in 2008 117 homes ( 9 sales within 30 days)

In the last 30 days the highest sale has been for 820,000 for home located in 11285 Nw 66 st.

In early 2000 Doral became a high demanded area for business owners and Residents to live in. Prices have slightly drop in the condos and townhouse sector because of over development.

Condos and townhouses In Doral

There are currently 891 condos and townhouses in Doral.
Highest Priced Listing is 610,000 ( 11374 NW 83 Wy)
Lowest Priced Listing is 54,900 ( 4134 Nw 79 ave # 2b)
Pending Sales 110 Condos Highest Priced listing 379,000
Closed Sales in 2008 (197 condos and townhouses) ( 19 sales within 30 days)

In the last 30 days the highest sale has been for 400,000 for townhouse located in 6389 nw 109 ave # 6389

City of Hialeah, FL

There are currently 531 single family homes in Hialeah

Highest Price listing is 630,000 ( 7635 W 8 ave)
Lowest Priced listing is 89,900 ( 614 Se 3 st)
Pending Sales 120 homes highest priced listing is 540,000
Closed Sales in 2008 194 homes ( 14 sales within 30 days)

In the last 30 days the highest sale has been for 274,900 for a home located in 7095 W 12 Ln. The lowest sold home was a foreclosure and it sold for 135,000 for a home located in 750 Se 4 PL.

There are currently 748 condos and townhouse in Hialeah.

Highest Price listing is 330,000 ( 8073 W 36 ave)
Lowest Priced listing is 45,000 ( 666 W 81 st # 325)
Pending Sales 66 condos highest priced listing is 245,000
Closed sales in 2008 129 condos & townhouse ( 13 sales within 30 days)

In the last 30 days the highest sale has been for 165,000 for a townhouse located in 7341 w 16 ave. The lowest sold condo was a foreclosure it sold for 53,000 it is located in 1230 w 54 st # 313 A.

City of Miami Springs

There are currently 105 homes for sale in Miami Springs

Highest Price Listing is 789,000 ( 1016 Bass Point Rd) Luxury home
Lowest Price Listing is 130,000 ( 4975 Nw 15 ct)
Pending Sales 12 highest priced home is 489,000
Closed Sales in 2008 61 ( 4 sales within 30 days)

In the last 30 days the highest sale has been for 349,000 for a home located in 231 lenape Dr. The lowest sold home was a foreclosure and it sold for 185,000 it is located in 133 Nahkoda Dr.

City of Miami Lakes

There are currently 143 homes for sale in Miami Lakes

Highest Price Listing is 2,199,000 ( 7015 Gleneagle Dr) Luxury Home
Lowest Price Listing is 230,000 ( 6332 Gage Pl)
Pending Sales 30 highest priced home is 1,900,000
Closed Sales in 2008 82 ( 5 sales within 30 days)

In the last 30 days the highest sale has been for 499,000 for home located in 7942 Nw 158 te. The lowest sold home was a foreclosure and it sold for 260,000 it is located in 8822 Nw 151 st.

There are currently 117 condos & townhouse in Miami Lakes

Highest Price Listing is 525,000 ( 8221 Dundee Terr #8221)
Lowest Price Listing is 69,900 ( 13900 Lake Placid Ct #C26) Foreclosure
Pending Sale 10 highest Priced 220,000
Closed Sales in 2008 53 ( 3 sales within 30 days)

In the last 30 days the highest sale was for 305,000 for a townhouse located in 8396 NW 143 ter. The lowest sold home was for 196,300 for a townhouse located in 8402 Nw 141 te # 4001.

City of Miami Shores

There are currently 180 homes for sale in Miami Shores

Highest Price Listing is 3,500,000 ( 1680 Ne 104 st) Luxury Home
Lowest Price listing is 139,900 ( 9338 nw 2 ave)
Pending Listing is 15 highest Priced 699,000
Closed Sales in 2008 97 ( 12 sales within 30 days)

In the last 30 days the highest sale was for 490,000 for a home located in 240 NE 99 st. The lowest sold home was for 116,000 for a home located in 154 nw 111 st.

This Market Report included 6 municipalities that belong to Miami Dade county. As you can see some neighborhoods are more volatile than others.

Do you want a Market Report for your neighborhood? Contact Global Market Realty today. We provide valuable information to inform all of our buyers and sellers. Search the MLS for foreclosures and Luxury homes in Miami . Do you want more information on a second home or a vacation home please contact us at 305 364 0037

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami is a great place to live and is served by the Dade county School District.

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